Saudi Arabia transfers 8% of Aramco to PIF portfolio, SPA reports

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© Reuters. The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier

DUBAI (Reuters) – Saudi Arabia has transferred 8% of state oil giant Aramco (TADAWUL:)’s total shares to a portfolio owned by the country’s sovereign wealth fund PIF, state news agency SPA reported on Thursday.

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